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Capitalism in sentence

1376 examples of Capitalism in a sentence

Any of the basic proclivities that drive capitalism, on their own, are destructive of long-term success.
For example, while capitalism depends on investment and consumption, an excess of the former leads to production gluts, and too much of the latter causes economies to overheat.
Similarly, capitalism depends on competition, but competition can be brutal and destructive.
Some thinkers, most notably Max Weber, floated the idea that capitalism must be sustained by a value system that could not initially be created from within.
Indeed, pious Catholic Italian city-states were the cradle of early modern capitalism.
Despite his past, Lula promised not to disrupt Brazilian corporate capitalism, running with a market-oriented vice president.
Whatever the case, for key leaders of the Brazilian left, including Rousseff, capitalism became part of the solution, not the fundamental problem.
If business conditions are auspicious and there is a strong consensus in favor of liberal capitalism as the polity’s core economic principle, financial markets can develop and reluctantly absorb risks stemming from the legal system’s defects.
So when things go wrong, the Chinese are blamed, not just for being greedy capitalists, but also, again like the Jews, for being Communists, since both capitalism and communism are associated with rootlessness and cosmopolitanism.
Hillary Clinton gave a speech at the end of July decrying “quarterly capitalism” that chases short-term growth at the expense of sustainable business development, as well as addressing the exponential growth of CEO pay, and the need for a minimum-wage increase.
This strategy amounts to state capitalism, living on Russia’s energy wealth, and doing nothing to curtail Russia’s massive red tape and corruption.
Some even suggest that capitalism needs wars, that without them, recession would always lurk on the horizon.
Centuries of inculcation with Confucianism was as important to the rise of East Asia’s hyper-growth economies as the conjunction of Protestantism and the rise of capitalism was to the west.
In recent decades, unfettered capitalism has produced significant mutations worldwide.
But one way or another, Europe’s political economy will have to adapt to the new type of global capitalism evolving out of the 2008 crisis.
CAMBRIDGE – In the age-old contest of economic-growth models, state capitalism has seemed to be gaining the upper hand in recent years.
Avatars of liberal capitalism like the United States and the United Kingdom continued to perform anemically in 2012, while many Asian countries, relying on various versions of dirigisme, have not only grown rapidly and steadily over the last several decades, but have also weathered recent economic storms with surprising grace.
In fact, economics does not say that unfettered markets are better than state intervention or even state capitalism.
The problems with state capitalism are primarily political, not economic.
To understand the logic of state capitalism, it is useful to recall some early examples – not the socialist command economies or modern societies seeking to combat market failures, but ancient civilizations.
Indeed, it seems that, like farming or democracy, state capitalism has been independently invented many times in world history.
In essence, the Greek Bronze Age societies had something that looked remarkably like state capitalism.
How is it that societies as disparate as the Greek Bronze Age cities of Knossos, Mycenae, or Pylos, the Inca Empire, Soviet Russia, South Korea, and now China all ended up with state capitalism?
The answer lies in recognizing that state capitalism is not about efficient allocation of economic resources, but about maximizing political control over society and the economy.
To be sure, in many parts of the world, state capitalism has helped to consolidate states and centralize authority – preconditions for the development of modern societies and economies.
The state capitalism of the Greek Bronze Age or the Inca Empire was not motivated by economic inefficiency; nor did it necessarily create a more efficient economy.
At a deeper level, the real dichotomy is not between state capitalism and unfettered markets; it is between extractive and inclusive economic institutions.
But herein lies the problem for state capitalism: inclusive institutions require a private sector powerful enough to counterbalance and check the state.
It should be no surprise that state capitalism is almost always associated with authoritarian regimes and extractive political institutions.
Yes, South Korea grew rapidly under state capitalism, and China is doing likewise today.
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